Special deposit procedure requires an advance electronic cash ledger payment based on prior-period tax liability for interim compliance. Notification prescribes a special procedure for notified registered persons who furnish quarterly returns to make an advance deposit in the electronic cash ledger based on a proportion of tax liability from the preceding return (or last month of the immediately preceding quarter for monthly filers), with exemptions where ledger balances are adequate or tax liability is nil.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Special deposit procedure requires an advance electronic cash ledger payment based on prior-period tax liability for interim compliance.
Notification prescribes a special procedure for notified registered persons who furnish quarterly returns to make an advance deposit in the electronic cash ledger based on a proportion of tax liability from the preceding return (or last month of the immediately preceding quarter for monthly filers), with exemptions where ledger balances are adequate or tax liability is nil.
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